Stock forecasting

Stock Forecasting Software using Neural Networks

Dynamic systems like the stock market are often influenced by numerous complex factors. Often many interrelated variables, such as closing price, highs, lows, and volume, influence stock prices. NeuroXL Predictor stock forecasting software is a plug-in for Microsoft Excel that uses the power of neural networks to generate accurate stock forecasts. Traditional forecasting methods are limited in their effectiveness as they make assumptions about the distribution of the underlying data, and often fail to recognize the interrelatedness of variables.NeuroXL Predictor,drawing on the latest in artificial intelligence research, recognizes even subtle relationships between variables.

Advanced Technology for Finance

Neural networks are good at pattern recognition, generalization, and predicting trends. They are also tolerant of imperfect data, and do not require formulas or rules. NeuroXL Predictor does the work of determining the relationship between variables and detecting relevant patterns in the data. All the user needs to do is to specify the inputs and outputs and set the required parameters. In a typical stock price prediction, the following inputs and outputs are used: